Codorus Valley Bancorp Announces Changes to Enhance Shareholder Value

Written by Customer Service on April 12, 2022. Posted in Public Companies.

Three New Independent Directors to Join its Board of Directors Will Conduct a Comprehensive Third-Party Study of its Credit Risk Policies Will Conduct a Comprehensive Third-Party Study of its Executive Compensation YORK, Pa., April 12, 2022 (GLOBE NEWSWIRE) — Codorus Valley Bancorp, Inc. (“Codorus Valley” or the “Corporation”) (NASDAQ: CVLY), parent company of PeoplesBank, A Codorus Valley Company (“PeoplesBank”), today announced it is implementing a series of initiatives designed to enhance the Corporation’s corporate governance practices, further analyze credit risk policies and practices, and ensure continued alignment with shareholders. These initiatives follow engagement and input from shareholders, including Driver Management Company LLC and its affiliates (collectively, “Driver”), which together own 6.7% of Codorus Valley’s...

Imperial Celebrates Renewed Participation Agreement

Written by Customer Service on April 12, 2022. Posted in Public Companies.

VANCOUVER, British Columbia, April 12, 2022 (GLOBE NEWSWIRE) — Imperial Metals Corporation (“Imperial”) (TSX:III) is pleased to report that Mount Polley Mining Corporation and the Williams Lake First Nation (the T’exelcemc) have signed a Revised Participation Agreement, renewing the Participation Agreement which was initially signed in December 2011 and updated in 2016. Imperial looks forward to working together to enhance Mount Polley, the T’exelcemc and the community. Brian Kynoch, President of Imperial Metals, expressed his thanks to Williams Lake First Nation Chief Willie Sellars and his team for their ongoing support of the Mount Polley project and added, “Imperial and Mount Polley are committed to a respectful working relationship with the Williams Lake First Nation. Chief Willie Sellars stated, “We’ve had a positive working...

True Partnership Will Deliver Reko Diq Project

Written by Customer Service on April 12, 2022. Posted in Public Companies.

TORONTO, April 12, 2022 (GLOBE NEWSWIRE) — Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) – The groundbreaking partnership agreement between Barrick, the federal government of Pakistan and the provincial government of Balochistan should unlock the enormous value of Reko Diq, one of the world’s largest undeveloped copper and gold deposits, president and chief executive Mark Bristow said today. Speaking on an investor call, Bristow said the project represented a unique mining opportunity, which would be a major addition to Barrick’s Tier One1 asset base, while also bringing significant economic and social benefits to Pakistan and Balochistan. The agreement in principle recently reached between the parties provides for the reconstitution and restart of the project, which has been on hold since 2011. It will be operated and owned 50%...

Ashland provides update on fiscal 2022 second-quarter earnings and affirms its financial outlook for fiscal year 2022

Written by Customer Service on April 12, 2022. Posted in Public Companies.

Company announces completion of $200 million share repurchase program and sets date for fiscal 2022 second-quarter earnings release WILMINGTON, Del., April 12, 2022 (GLOBE NEWSWIRE) — Ashland Global Holdings Inc. (NYSE: ASH) today provided an update for preliminary fiscal 2022 second-quarter financial results1 and affirmed its outlook for fiscal year 2022 results. Additional information regarding second-quarter fiscal 2022 earnings and full-year outlook will be shared during a conference call webcast with securities analysts on Wednesday, April 27, 2022. Preliminary fiscal 2022 second-quarter financial resultsAshland’s financial results during the quarter reflected previously communicated key drivers: Continued strong end-market demand; Disciplined pricing and product mix actions more than offset additional inflation in raw-material,...

Noble Corporation and Maersk Drilling provide an update on the merger control process

Written by Customer Service on April 12, 2022. Posted in Mergers And Acquisitions.

Sugar Land, Texas and Copenhagen, Denmark, 12 April 2022 – Noble Corporation (NYSE: NE) (“Noble”) and The Drilling Company of 1972 A/S (CSE: DRLCO) (“Maersk Drilling”, and together with Noble, the “Parties”) today provided an update on the ongoing merger control process for the business combination announced on 10 November 2021 (the “Transaction”). At this point in time, the Transaction has been unconditionally approved by the competition authorities in Brazil, Norway, and the Republic of Trinidad & Tobago. Accordingly, the only outstanding pre-closing merger control clearances are in Angola and the United Kingdom (“UK”). The Parties expect the competition authority in Angola to unconditionally approve the Transaction during April 2022. The merger control process for obtaining clearance in the UK remains ongoing with constructive...

Exodus Announces Date of First Quarter 2022 Earnings Webcast

Written by Customer Service on April 12, 2022. Posted in Public Companies.

Live Webcast Scheduled for May 11 at 3:30PM Eastern OMAHA, Neb., April 12, 2022 (GLOBE NEWSWIRE) — Exodus Movement, Inc. (tZERO and Securitize ATS:EXOD), (“the Company”) the leading self-custodial cryptocurrency software platform, today announced that it will host its fiscal 2022 first quarter earnings webcast on May 11, 2022 at 2:30PM (Central Time) / 3:30PM (Eastern Time). To access the live webcast, please use this link. It will also be carried live on the Company’s website www.exodus.com. Fiscal 2022 first quarter results will be made available in advance of the call on the “Investor Relations” portion of the website at www.exodus.com/investors/. Shareholders can submit questions to Exodus Management in advance of the webcast via e-mail at investors@exodus.com. Contact Customer Supportsupport@exodus.com Press and Investor RelationsAllysa...

Gulf Resources Announces Fourth Quarter and Full Year 2021 Financial Results

Written by Customer Service on April 12, 2022. Posted in Earnings Releases And Operating Results.

SHOUGUANG, China, April 12, 2022 (GLOBE NEWSWIRE) — Gulf Resources, Inc. (Nasdaq: GURE) (“Gulf Resources”, “we,” or the “Company”), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced financial results for the fourth quarter and full fiscal year 2021 ended December 31, 2021. Highlights: For the year ending 12/31/2021, revenues were $55,030,586 compared to $28,207,024, an increase of 95%. Cost of Net Revenue was $27,132,372 compared to $19,415,034, an increase of 40%. Gross profit was $27,898,214 compared to $8,791,990, an increase of 217%. Gross margins were 50.7% Vs. 31.2% in the prior year. Direct labor increased 31% to $10,718,605. General & Administrative expenses decreased by 7% to $9,525,235. Other operating expenses increased $2,358,154. Profit...

WaveDancer Releases Fiscal Year 2021 Results

Written by Customer Service on April 12, 2022. Posted in Earnings Releases And Operating Results.

Strategic Shift to Higher Margin Professional Services Under the Tellenger Banner Continues FAIRFAX, Va., April 12, 2022 (GLOBE NEWSWIRE) — WaveDancer (NASDAQ: WAVD), today reported its results for the fiscal year ended December 31, 2021, with results highlighted by expansion in gross margins driven by a sharp shift away from lower margin 3rd party software sales and toward higher margin professional services. During 2021, WaveDancer completed two key acquisitions and successfully rebranded the company as a leading provider of secure, blockchain-based supply chain management solutions. WaveDancer CEO Jamie Benoit commented, “2021 was a transformational year dominated by change as we assembled the pieces needed to become a leader in the zero trust, blockchain, and security supply chain market. Our up-listing to NASDAQ, rebranding...

H2O Innovation Enters into an Agreement to Acquire the business of Leader Evaporator Co., Inc. Strengthening its Position in the Maple Industry

Written by Customer Service on April 12, 2022. Posted in Mergers And Acquisitions.

QUEBEC CITY, April 12, 2022 (GLOBE NEWSWIRE) — (TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is proud to announce that a binding letter of intent has been entered into with respect to the acquisition of the business carried on by Leader Evaporator Co., Inc. (“Leader”). Leader has been selling maple farming equipment and products for more than 130 years to maple syrup producers located mainly in the United States. The brand is positioned as the perfect combination between tradition and quality. H2O Innovation, through its maple business line, is already an important player in the maple industry for the last 30 years, by manufacturing and selling equipment for the manufacture of maple syrup to producers located in both Canada and the USA. The Corporation distinguishes itself by its capacity to develop and...

National Bank Holdings Corporation Announces Date for 2022 First Quarter Earnings Release

Written by Customer Service on April 12, 2022. Posted in Public Companies.

DENVER, April 12, 2022 (GLOBE NEWSWIRE) — National Bank Holdings Corporation (NYSE: NBHC) expects to report its first quarter financial results after the markets close on Monday, April 18, 2022. Management will host a conference call to review the results at 11:00 a.m. Eastern Time on Tuesday, April 19, 2022. Interested parties may listen to this call by dialing (800) 289-0720/+44 (0)330 165 4012 (United Kingdom) using the confirmation code of 2525902 and asking for the NBHC Q1 2022 Earnings Call. A telephonic replay of the call will be available beginning approximately four hours after the call’s completion through April 24, 2022, by dialing (888) 203-1112 using the confirmation code of 2525902. The earnings release and an on-line replay of the call will also be available on the Company’s website at www.nationalbankholdings.com...

Day: April 12, 2022

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